Defense contracting giant Lockheed Martin was left in the dust by Boeing's exceptional sixth-generation aircraft: the F-47.

For more than a decade, the U.S. Pentagon has been mulling the idea of replacing its fifth-generation stealth fighter jets, ...

See the evolution of Boeing's design of the F-47, a sixth-generation stealth fighter jet, compared with competing NGAD ...

Lockheed has been a leader in stealth aircraft, playing a prominent role in both US fifth-gen fighters. It won't be building ...

The decision to select Boeing over Lockheed Martin startled Wall Street analysts and left Lockheed officials disappointed.

The Taiwanese air force is operating a fleet of the upgraded F-16A/B fighter jets, which has been actively defending the country's airspace by intercepting Chinese combat jets that approach the island ...

Boeing and Lockheed Martin had been competing to score the Pentagon contract for a next-generation fighter jet, with the deal ...

Boeing wins the $20 billion NGAD contract, ensuring its fighter jet design and manufacturing capabilities remain intact.

Boeing has been awarded the contract to build the U.S. Air Force's most sophisticated fighter jet yet, dubbed the F-47, ...

Shares of Boeing rose nearly 5% after the U.S. company beat out Lockheed Martin LMT.N for the deal. Lockheed's shares fell ...

Today's upset is certainly not great news for Lockheed investors; however, the loss of the contract isn't a death knell for ...